The mill owners increased the pressure on the Prime Minister to export sugar

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The mill owners increased the pressure on the Prime Minister to export sugar
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The mill owners increased the pressure on the Prime Minister to export sugar

Instead of giving the benefit of abundant sugar reserves to the consumers, the sugar mill owners increased the pressure on Prime Minister Shehbaz Sharif to export sugar.

Sugar mill owners say that if the export is not allowed, the farmers will not be able to pay 40 billion rupees, 40 sugar mills will be closed in the next season.

The accused owners threatened that if sugar is not allowed to be exported, they will not be able to crush it in November.

The Prime Minister apparently came under pressure. He said that before the permission to export sugar, the mill owners should give an assurance that they will give one kilo of sugar ex-factory for Rs. 140 per kilo throughout the year. If the sugar of Rs 150 per kg becomes Rs 140, then after transportation and other expenses, the sugar will be Rs 160 per kg.

The Prime Minister entrusted the matter to the Economic Coordination Committee. According to the mill owners, 1.5 million tons of sugar is surplus, if 5 million tons are exported, 260 million dollars will be earned.

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